nataliav676 nataliav676
  • 03-05-2022
  • Mathematics
contestada

$3000 principal earning 5%, compounded semi-annually, after 20 years.

Respuesta :

jsimpson11000 jsimpson11000
  • 05-05-2022

Answer:

$ 8055.19

Step-by-step explanation:

interest per period   .05 /2 = .025

periods = 20 * 2 = 40 periods

3000 ( 1+.025)^40 =

Answer Link

Otras preguntas

Which sentence uses the underlined word correctly? A. Jesse is laying in the hammock on the front porch. B. Jesse is lying in the hammock on the front po
suggest why drugs that prevent reflex action from occurring should be avoided
After a heavy rainstorm, vegetation on a hillslope was completely removed. How will this removal of vegetation affect the relative amounts of infiltration and r
what is the answer to x HURRY PLZ WHO EVER SHOWS WORK WILL GET THE BRAIINLIEST ANSWER AWARD
After the completion of the railroad, a major industry in the West was
What is the proper diagnosis for a person suffering from fever, chills, headaches, sweats, fatigue, nausea and vomiting? the patient has recently traveled to af
A storage container in the shape of a cube holds 13,824 cubic centimeters of grain. How tall is the storage container?
how would you factor this and what method 9x^2-6x+1
In the 1920s, how did the cubist movement reflect the influence of World War I? a.Its fuzzy shapes reflected the breakdown of traditional categories in describi
Enlist the significance of reproduction